A lien release can be used by the property owner to defeat a statutory lienholder's attempt to obtain payment.

Question

Quizplus · Accepted Answer

A lien release is a legal document that releases or lifts the lien from a property or asset. If a lien release is obtained by the property owner, the lienholder's claim on the property or asset is released, and they cannot seek payment or enforce the lien anymore. Therefore, a lien release can be used by the property owner to defeat a statutory lienholder's attempt to obtain payment.

A Lien Release Can Be Used by the Property Owner